Russia

Western unity collapses as G7 summit in June beaks up with no joint statement

Ben Aris in Berlin June 18, 2025

Western unity to support Ukraine in its existential struggle with Russia has collapsedю The G7 summit of the world’s richest nations in Canada, broke up on June 17 without releasing a statement condemning Russia’s military occupation of Ukraine.

World has spent $18.5 trillion globally for climate damage since 2000

bne IntelliNews June 17, 2025

Climate disaster-related spending globally has reached $18.5 trillion since 2000, according to a new analysis by Bloomberg Intelligence.

Belarus sliding back into Soviet economy habits

Ben Aris in Berlin June 17, 2025

Russia been transformed into a war economy, but it is still run on market lines. Belarus is going in the opposite direction, one that is increasingly mirrors Soviet-style economic management.

Russia slowly being squeezed out of Syria

Ben Aris in Berlin June 17, 2025

The new Syrian authorities have gone a long way towards gaining full recognition by the international community and as these relations get better those with Russia are getting worse.

COMMENT: Middle East oil shock scenarios pose inflation risk, but economic hit seen as modest

bne IntelliNews June 17, 2025

The threat of escalating conflict between Israel and Iran has returned geopolitical risk to the heart of the global oil market. Yet according to Oxford Economics, the macroeconomic fallout – even in the most extreme case – may be mild.

Number of recorded disasters up 50-fold since 1970 – OWID

Hannah Ritchie for Our World in Data June 17, 2025

Tracking the occurrence of natural disasters can save lives by helping countries prepare for future ones, Our World in Data (OWID) reports.

Hungary to veto 'von der Leyen-Zelenskiy energy plan' over Russian import restrictions, foreign minister says

bne IntelliNews June 17, 2025

The European Commission is set to unveil a June 17 that would legally prohibit imports of Russian pipeline gas and liquefied natural gas into the European Union by the end of 2027.

Russia’s inflation at 9.9% in May

bne IntelliNews June 16, 2025

Russia’s consumer price inflation in May 2025 stood at 0.4% month on month and 9.9% year on year, according to the latest data from RosStat statistics agency.

Thousands of Russian tourists stranded in UAE due to regional tensions

bnm Gulf bureau June 16, 2025

More than 10,000 Russian tourists and business travellers have been affected by flight cancellations and delays in the UAE due to the Israel-Iran conflict, with at least 2,000 people currently stranded in the Persian Gulf country.

US resists EU and UK push to cut Russian oil price cap at G7 summit

bne IntelliNews June 16, 2025

The US is resisting calls from European governments to reduce the G7 price cap on Russian oil from $60 to $45 per barrel, frustrating efforts by the EU and UK to increase financial pressure on Moscow as leaders meet for a G7 in Canada.

Russia’s growth model is exhausted, says Oreshkin

Ben Aris in Berlin June 16, 2025

Russia’s current economic model has exhausted its capacity to drive growth and must be restructured to ensure future development, said Maxim Oreshkin, economic adviser to President Vladimir Putin.

Kazakhstan awards Russia, China one nuclear plant project each, Uzbekistan revises its plan to include large facility

bne IntelliNews June 16, 2025

Solution favoured by Astana will help balance relations with Moscow and Beijing.

Slovak PM Fico wants EU leaders to postpone vote on new sanctions against Russia

bne IntelliNews June 16, 2025

Fico had previously criticised the plan to phase out Russian fossil fuel imports by 2027, which the EU introduced last month.

Kremlin in delicate position between Israel and Iran, but could play peacemaker

Ben Aris in Berlin June 15, 2025

With its long-standing good relations with both Tel Aviv and Tehran, the outbreak of war in the Middle East has put Moscow in a delicate position, but it has also been presented it with the opportunity to act as peacemaker.

Europe’s defence needs to adapt to different US, Czech President Pavel says

bne IntelliNews June 15, 2025

Europe must be able to defend its own interests "without active American support if necessary", Petr Pavel tells the Globsec security forum.

Israeli embassies worldwide suspend operations

bnm Gulf bureau June 13, 2025

Israeli diplomatic missions globally have suspended operations amid the ongoing Israeli military operation against Iran which has killed nearly 80 people.

Hungarian pro-government security analyst allegedly linked to Russian intelligence

bne IntelliNews June 13, 2025

Georg Spottle, a German-Hungarian security policy commentator frequently featured in Hungarian pro-government media, has reportedly maintained contact with Russian intelligence operatives.

CITIES IN PERIL: Boomtowns built on melting ground

bne IntelliNews June 12, 2025

The warming climate has opened up some of the world’s coldest regions to mining and shipping, but melting permafrost under cities like Yakutsk and Norilsk is causing buildings and infrastructure to crumble.

Ukraine’s “enemies database” adds foreign leaders over Moscow ties

bne IntelliNews June 12, 2025

A Ukrainian website that catalogues perceived "enemies of Ukraine" has added several prominent Russia-friendly foreign leaders to its database, including Brazilian President Luiz Inácio Lula da Silva and Slovak Prime Minister Robert Fico.

ASIA BLOG: The Russians are coming, and coming, and coming...

bno - Taipei Office June 12, 2025

Since President Putin announced partial mobilisation in September 2022, hundreds of thousands of Russian men – mainly in their 20s and early 30s – have fled the country to avoid being drafted. Many have ended up in Southeast Asia.

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